2831 E 124th Street, Cleveland, OH 44120

$107,000
  • 2831 E 124th Street, Cleveland, OH 44120 Main Photo
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BEDS4 BATHS2 full SQUARE FEET1,574 MLS#5243117
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBruggs Farm Sub SCHOOLCleveland Municipal - 1809

Property Description

Opportunity meets flexibility - a 4-bedroom, 2-bathroom property sitting in the heart of Cleveland's sought-after Buckeye-Shaker neighborhood. Whether you're a homeowner looking for space, a house-hacker ready to offset your mortgage, or an investor building your portfolio, this property gives you the freedom to use it exactly the way your goals demand. Currently configured as a spacious single-family home, the property can easily be converted back to a duplex. The upper unit is well appointed with an kitchen and bath, giving you a comfortable, move-in ready home right now. The lower unit previously functioned as a second independent living space, and while the kitchen has been removed, it can easily be be changed. The plumbing, layout, and zoning are already in your favor ? add a kitchen back to the lower level and you have a fully functioning income-producing duplex ready to rent. The 2-car garage adds valuable off-street parking, a genuine amenity in this part of the city. For the homeowner: Move into the upper unit(or whole house), restore the lower kitchen at your own pace, and rent it out to have a tenant help cover your mortgage. It's one of the cleanest house-hack opportunities in this zip code. For the investor: The duplex zoning is already in place ? the hard part is done. Restore the lower unit, place tenants in both, and let the Buckeye-Shaker rental demand do the rest. Current market rents in the 44120 zip code put two-bedroom units in the $1,000$1,200 per month range, making the income potential here very real. The zoning is done. The bones are solid. The location is proven. All that's left is your vision ? schedule your showing today.

2831 E 124th Street | MLS# 5243117

This multi-family property located at 2831 E 124th Street, Cleveland, OH 44120 is currently listed for sale with an asking price of $107,000. E 124th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.dehoff.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $1,376 / year
Year Built: 1915

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 129-16-018
Parking: Driveway, Detached, Garage, Off Street, On Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Lokal Real Estate, LLC.
Agency Contact: sandor@lokalrealestate.com, 912-552-2960

Shown By

Agency Title: DeHOFF REALTORS
Agency Phone: 330-499-8153

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Estimated Payment

$ 618.56 per month $472.69 Principal & Interest $114.67 Property Tax $31.21 Homeowner's Insurance

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